The most important s/r level over the past year has been broken and now being retested.

In addition to the above, there is an inverted H/S pattern & impulse move retracing back to 61%.

I’ve seen no fundamental narratives to back FET currently, however it seems that this could be near a turning point technically. The levels are very clear & easy to see, and had this been any other asset class, this is a buying opportunity everytime.

Time will tell, key things Ill be waiting for is a bullish engulfing daily candle along with a confirmation of short term trend change on Bitcoin . May is coming up and its highly likely shorts will begin building.